Royal Caribbean Cruises forward PE RCL

Share price divided by analysts' consensus earnings for the next twelve months, since 1996.

Today, Oct 23, 2026: 14.6×
10-year median: 14.3×
Against its 10-year history: 53rd; percentile: 0 is its lowest day, 100 its highest
10-year range: 8.1× to 23.1×
Peer median: 13.4×

Royal Caribbean Cruises' forward PE is 14.6× as of Oct 23, 2026.

That is above its ten-year median of 14.3×, close to the middle of its last ten years.

Over that time it ranged from 8.1× in Oct 2023 to 23.1× in Aug 2025.

The median for 5 travel stocks of a similar size is 13.4×.

Forward PE over time

median 14.3×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	14.6×	12.9×	20.2×
2025	17.4×	11.8×	23.1×
2024	16.8×	10.5×	18.7×
2023	12.6×	8.1×	22.8×
2022	16.4×	16.4×	20.1×
2021	n/m a value too high to mean anything
2020	n/m a value too high to mean anything
2019	14.9×	10.5×	17.7×
2018	10.2×	9.9×	16.9×
2017	15.7×	12.1×	18.3×
2016	11.8×	9.9×	18.0×
2015	19.8×	15.5×	22.6×
2014	22.0×	14.7×	22.0×
2013	15.0×	13.5×	20.0×
2012	17.3×	15.7×	22.0×
2011	16.7×	10.0×	20.5×
2010	17.9×	11.4×	20.8×
2009	16.3×	10.1×	29.2×
2008	21.3×	11.3×	27.6×
2007	18.1×	12.7×	18.3×

Against its peers

Companies in Travel Services nearest Royal Caribbean Cruises' size, closest first, today.

Company	Forward PE
RCLRoyal Caribbean Cruises	14.6×
ABNBAirbnb	30.1×
BKNGBooking	14.0×
CCLCarnival	10.9×
EXPEExpedia	12.8×
ROLRollins	n/m
Peer median	13.4×

Where Royal Caribbean Cruises ranks

#12of 40Consumer cyclical stocks with the lowest forward PE

What the forward PE tells you

Price divided by what analysts expect the company to earn over the next twelve months. It answers "what am I paying for next year" instead of last year.

Estimates are opinions. When forward PE is far below trailing PE, analysts expect a big jump in earnings. If that jump slips, the stock was not as cheap as it looked.

More on Royal Caribbean Cruises

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.